RE:RE:RE:Why JV
BlueBee wrote: Yes; however the last pp somewhat argues against them being particularly concerned about increasing shareholder value.
The last PP timing wise was right in the middle of their production problems with Gibraltar. They ran into low grade then switched pits, then had to dewater, then had blasting problems. All high cost low output issues. They were also facing the prospect of a pandemic shut down. It's looking more and more like it was a panicked moment.
there might have been strings attached as well. If so, maybe a the bond reissue and the PP were connected.
it should be viewed as an exception to mgmts view of value, not indicative of it.